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Genzyme acquires Ilex for $1bn
Mar 2004
Executive Summary
Oncology therapeutics company Ilex has agreed to be acquired by Genzyme for approximately $1bn in stock. Terms of the deal call for Ilex shareholders to receive Genzyme common stock (0.478 of a share) worth $26 each.
Deal Industry
- Biotechnology
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Acquisition
- Intra-Biotech Deal
- Payment Includes Stock
- Includes Contract
- Full Acquisition
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Genzyme acquires Ilex for $1bn
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